TD Securities sees near-term gold, silver downside as Middle East war delays Fed cuts; gold tops $5,000 2026.
TD Securities sees near-term gold, silver downside as war-driven inflation delays Fed cuts; later rebound possible.
Euro area indicators weakened in February; unemployment inched up to 6.2%, while France and Germany softened.
Euro area activity softened in February; unemployment edged up, while Germany and France saw weaker spending, output.
Canada’s Ivey PMI fell to 49.7 in March, missing forecasts and signaling contraction in economic activity.
GBP/JPY rose near 211.60 as oil-price surge pressured yen; traders eyed Trump’s Iran deadline, intervention risks.
Nordea expects ECB prioritize inflation amid conflict, hiking four times from June to 3% by October.
Nordea expects ECB to prioritize inflation, raising rates four times from June; deposit rate reaches 3% by October.
Sweden’s March inflation surprised lower; CPIF 1.6% versus 2.2% forecast, challenging Riksbank hawkish signals.
Sweden’s March flash inflation undershot forecasts, with CPIF at 1.6%, boosting chances Riksbank holds rates.
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